Snowbirds and cross-border Canadians face hidden financial complexity when spending time in the U.S. Learn how the substantial presence test, tax treaties, RRSP treatment, and foreign account reporting rules can affect your finances, and how to plan ahead before costly mistakes happen.
Category: Tax Strategies
Is Cost Segregation Worth It?
Cost segregation studies accelerate rental property depreciation by reclassifying building components for 5, 7, and 15-year schedules instead of 27.5 years, creating substantial first-year tax savings and cash flow for investors. High-income owners with $200K+ properties benefit most, though study costs and hold periods affect overall ROI.
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